Chinese bike-sharing startup Hellobike is challenging Ofo and Mobike with a focus on smaller cities and a $145M joint venture for battery-swapping stations
Zen Soo / South China Morning Post :
How the boom in Chinese bike-share companies like Ofo and Mobike was quickly followed by a bust, wiping out many investors and littering towns with unused bikes
Bike-sharing start-ups brought prosperity to Wangqingtuo. Now residents are dealing with the mess they left behind.
In leaked memo, Chinese bike sharing startup Ofo's founder says it is facing immense cash flow pressure and has considered applying for bankruptcy
Ofo, the Alibaba-backed bike-sharing service, has “immense” cash flow problems and has considered applying for bankruptcy, according to the company's founder.
Amsterdam-based e-scooter startup Dott, founded by former Ofo exec Maxim Romain, raises €20M led by EQT Ventures and Naspers
The funding extravaganza may be approaching its end for scooter “unicorns” Lime and Bird, but smaller startups in the micro-mobility space have continued …
Bike-sharing startup Ofo is being sued by its Chinese bicycle supplier for $10M in unpaid bills; source says Ofo is burning through about $25M a month
Gabriel Wildau / Financial Times :
Chinese bike-sharing company Ofo lays off majority of staff in the US as insiders say it is scaling back its global operations to focus on China
Chris Taylor rides an Ofo bike in Seattle, the company's first city in the U.S. Taylor resigned from Ofo two weeks ago.
Chinese bike-sharing giant Mobike enters US with Washington DC launch, a month after rival Ofo launched in Seattle
Zen Soo / South China Morning Post :
Chinese bike-sharing giant Mobike enters US with Washington DC launch, a month after rival Ofo launched in Seattle
Zen Soo / South China Morning Post :
Chinese bike-sharing startup Ofo enters US with Seattle launch
Ofo VP Grace Lin on the launch plan and the bright yellow bikes — This week, Ofo's bright yellow bikes will join Spin's orange and LimeBike's green bikes on the streets of Seattle. — Unlike our fi...
Chinese bike-sharing service Ofo raises $700M+ Series E led by Alibaba, Hony Capital, and Citic Private Equity, aims to expand to 20 countries by end of 2017
Bloomberg :